Colombia closes 2020 with inflation of 1.61%, the lowest in its statistical records

Colombia accumulated an inflation of 1.61% in 2020, the lowest in its history since the country keeps statistical records and lower than the annual goal of 3% established by the Central Bank, due to the fall in domestic consumption due to the pandemic of the coronavirus, the Government reported Tuesday. The rise in prices was below that registered in 2019, of 3.80%. The Central Bank established an inflation target of between 2 and 4% for 2021.

Source: Reuters